ETF market
$SMH / $QQQ: Ratio below ATH; Still more room for upside It’s the semis which are the hallmark of a cyclical bull market. It is always the Semis which indicate the start of a bull market and the first to fold over towards the end of a cyclical bull market. Hence the outperformance of Semis as a momentum sector is important from a symbolism perspective and from a market indicator perspective.
When the semis outperform the NASDAQ100 we have momentous bull markets. Today we looked at the ratio chart between NASDAQ:SMH vs $QQQ. This measures the relative outperformance or the underperformance of Semis over the broader NASDAQ100.
This ratio of NASDAQ:SMH / NASDAQ:QQQ touched its ATH on June 2024. Since then, the Semis lost momentum with NASDAQ:NVDA and NASDAQ:AVGO going sideways for a year. Now the momentum is on the side of Semis. Even if the NASDAQ:SMH is at 287 $ and at ATH with price is at its 2.618 Fib Retracement level, still the NASDAQ:SMH / NASDAQ:QQQ is not at its ATH. The ratio is currently @ 0.5. Before we hit 0.56 in the ratio chart just like last June 2024, SMH must outperform the NASDAQ100. If that must happen what should be the price of NASDAQ:SMH ? My prediction is the ratio NASDAQ:SMH / NASDAQ:QQQ tops @ 0.56 and NASDAQ:SMH goes to 400$ this year.
Verdict: Long NASDAQ:SMH over $QQQ. NASDAQ:SMH / NASDAQ:QQQ tops 0.56. NASDAQ:SMH price target 400$.
UVIX marching on (VIX proxy)Very nice spike this morning, that's typically a sign that there's more volatility in the works. Remember that we are at record lows on the VIX and that doesn't stay in this region for a long time. Add the Alpha VIX indicator to help you get an entry. The economy is brittle and staying focused on the VIX is a very nice play!
Best of luck and DM if you have any questions.....
SPY (SP-500) - Rising WedgeYesterday we had a breakdown of the rising wedge on SPY. I draw out some important levels to look out for coming days/weeks. The trendline since april has also been broken. ICEUS:DXY is breaking out to which is increasing the risks for a "Risk off" scenario in tech stocks and crypto.
Nothing here should be interpreted as financial advise. Always do your own research and decisions.
TLT ShortTLT 1H Technical Analysis
📈 Outlook:
The current setup suggests a bearish continuation scenario:
A corrective move toward the 85.20–85.60 supply.
Rejection from this area confirms continuation of the downtrend.
Target: 83.20–83.60, where resting liquidity and untested demand reside.
This sequence follows a classic liquidity sweep + supply mitigation + continuation pattern. Unless price breaks convincingly above 85.80, the bearish outlook remains intact.
🔼 Supply Zones (Bearish Liquidity Layers):
Primary Zone: 85.20–85.60
This is the most immediate area of interest, aligning closely with the 50% equilibrium level of the last bearish impulse (~85.84). Price is likely to reject from here as it also coincides with a previously unmitigated supply block and market inefficiency.
Stacked Supply Above: 86.40–88.00
Should price break the lower supply, these zones will come into play. However, the current structure suggests strong probability of rejection before reaching these levels.
🔽 Demand Zones (Target Areas):
First Demand: 83.20–83.60
This is your marked initial downside target. It represents the next logical draw on liquidity and aligns with prior accumulation and support structure. It’s likely to act as a temporary reaction zone or the next entry point for accumulation.
Deeper Demand Zone: 82.40–82.80
Marked by your secondary border, this range offers higher time-frame confluence and could act as the final sweep zone if the 83s fail to hold.
SPY/QQQ Plan Your Trade Special Update : BUCKLE UPThis video is a special update for all TradingView members. I felt I needed to share this information and present the case that I believe poses the most significant risk to your financial future - and it's happening right now.
Several weeks ago, I identified a very unique mirror setup in the SPY and kept an eye on how it was playing out. I needed to see confirmation of this setup before I could say it had any real likelihood of playing out as I expected.
As of today, I'm suggesting that we now have excellent confirmation that the US/Global markets are about to enter a deep consolidation phase, lasting through the rest of 2025 and possibly into 2026 and early 2027.
The interesting thing about this price pattern/structure is that it is almost exactly the same as the 2003-2007 structure, which I believe is the origin of this mirror setup. Almost down to the exact type of price bars/patterns I'm seeing.
Many of you are already aware that I've been calling for a critical low cycle in the SPY on July 18 for many months. What you may not realize is that the pattern is based on Weekly price data. The July 18 cycle low can have a span of +/- 1-3 weeks related to when and how the cycle low pattern plays out.
Watch this video. If you have any questions, message me or comment.
I'm still here, doing my best to identify and unlock the secrets of price action and to help as many traders as I can.
Price is the Ultimate Indicator.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Is it time to short Tesla? If so TSLQ might be of interest.Tesla's ongoing turbulence is getting harder and harder to ignore even amongst some of the permabulls. Notably, Wedbush Securities' Dan Ives, a long-time Tesla bull, recently slashed his 12-month price target by a whopping 43% reduction noting concerns over CEO Elon Musk's political entanglements and the impact of new tariffs under President Trump's administration.
If you think TESLA is likely to keep going down, you might want to consider NASDAQ:TSLQ a leveraged short position. TSLQ aims to deliver twice the inverse (-200%) of Tesla's daily performance.
Its important though to understand that these types of leveraged trades are really only meant to be shorter term and if the stock starts to go up, then you will be losing at 2x the rate as well. Overtime, any wiggle up and down tends to work against you - even if the stock continues to go down.
Definitely not trading advice, but something I was asked about today, and the current climate doesn't look overly positive for Tesla or Elon.
TSLA article: finance.yahoo.com
TSLQ info: www.tradretfs.com
Nightly $SPY / $SPX Scenarios for July 16, 2025 🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 16, 2025 🔮
🌍 Market-Moving News 🌍
📈 Record Bullish Sentiment Signals Rotation
Bank of America reports the most bullish fund-manager sentiment since February. With 81% expecting one or two Fed rate cuts this year, the group sees a rotation strategy replacing outright selling, with investors tipping toward sector shifts over wholesale exits
⚠️ Trump’s Fed Attacks Stir Policy Concerns
President Trump’s public criticism of Fed Chair Powell—calling for steep rate cuts and threatening removal—has raised market alarms over the central bank’s independence. Analysts warn such interference could destabilize confidence in U.S. monetary policy
🏦 Banks Prepare for Earnings Surge
Major U.S. banks are expected to report strong Q2 results this week. Enhanced trading and investment banking revenues are forecasted to offset economic uncertainties tied to tariffs
📡 Nvidia CEO to Visit Beijing
Jensen Huang is set to hold a high-profile media briefing in Beijing on July 16, signaling continued emphasis on China for Nvidia despite U.S. export restrictions—potentially a key narrative for tech markets
📊 Key Data Releases & Events 📊
📅 Wednesday, July 16:
8:30 AM ET – Producer Price Index (June)
Gauges wholesale inflation pressures; June expected +0.2% MoM vs May’s +0.1%
9:15 AM ET – Industrial Production & Capacity Utilization (June)
Monitors factory and utilities output and usage rates—key for industrial-sector health
Jensen Huang in Beijing
Nvidia CEO to lead media briefing in Beijing—a potential market mover for chipmaking and AI sectors
⚠️ Disclaimer:
This info is for educational purposes only—not financial advice. Consult a licensed professional before making investment decisions.
📌 #trading #stockmarket #inflation #Fed #tech #industrial #PPI
Massive Head & Shoulders + Death Cross on Big 7A massive head and shoulders pattern is forming on the Big 7 tech stocks (AAPL, MSFT, NVDA, GOOGL, AMZN, META, TSLA). After a strong rally, a death cross (50 EMA crossing below 200 EMA) has appeared, pointing to possible weakness ahead.
Short-term concerns: right shoulder is forming now. If it holds, we could see a bounce. If the right shoulder fails, expect sharp drops and potential broader market reversals.
Long-term view: markets could still move higher over time, but short-term risks are rising. This setup resembles the 1999-2000 period before the dot-com crash. The AI bubble could be nearing its peak, with current leaders losing strength and new players stepping in.
Key to watch: neckline of the head and shoulders and how the market reacts to the death cross.
disclaimer: this is not financial advice. for informational purposes only. trading involves risk and past patterns do not predict future results. always do your own research and consult a licensed financial advisor before making decisions.
Consolidation taking place...VIX primed to spike soonBeen following the VIX for a while now, and it seems like the party will end pretty soon. Japan's yield is exploding and no one is talking about it (i.e., implications to US) and CNBC is celebrating small wins completely avoiding talking about bank's unrealized losses at historic levels and what impacts 90% of Americans, like tariffs that are only going to get worse. Keep an eye on the VIX as at its lows right now and creeping up, until it shoots up like a rocket, which it has done historically since 1993.
Best of luck!
Bottom in for bonds, flight to safety trade coming soon $100+If we look at the chart of TLT, you can see that we're forming a bottoming reversal pattern.
We had a spike low down to $83 back to the middle of May and have now reclaimed the structure. I think that move marked the bottom.
I think it's very likely that bonds spike in the near future, if they can make it over the $92 resistance level, then I think price will see continuation and likely break the pattern finding the first resistance at that $101 level.
That said, I think this is the start of a larger move higher in bonds that will take us all the way up to the top resistance levels over the course of the next few years before the move is done and we start the long term trend in rates higher.
XME eyes on $57.40: Golden Genesis a MAJOR barrier already felt XME recovering nicely from the tariff tantrum.
$57.40 is the exact level of the Golden Genesis.
High Energy object whose heat is clearly noticed.
It is PROBABLE that we orbit this object a few times.
It is POSSIBLE that it rejects to the retest fibs below.
It is PLAUSIBLE that bulls could blow thru it this time.